Concord Medical Balance Sheet Health
Financial Health criteria checks 6/6
Concord Medical has a total shareholder equity of NT$681.0M and total debt of NT$35.0M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are NT$1.2B and NT$470.7M respectively. Concord Medical's EBIT is NT$54.7M making its interest coverage ratio 84.7. It has cash and short-term investments of NT$320.3M.
Key information
5.1%
Debt to equity ratio
NT$35.00m
Debt
| Interest coverage ratio | 84.7x |
| Cash | NT$320.26m |
| Equity | NT$681.03m |
| Total liabilities | NT$470.71m |
| Total assets | NT$1.15b |
Recent financial health updates
Recent updates
Here's Why Concord Medical (GTSM:6518) Can Manage Its Debt Responsibly
Apr 30
Are Dividend Investors Making A Mistake With Concord Medical Co., Ltd. (GTSM:6518)?
Mar 31The Trends At Concord Medical (GTSM:6518) That You Should Know About
Mar 03Here's How We Evaluate Concord Medical Co., Ltd.'s (GTSM:6518) Dividend
Dec 29Returns On Capital At Concord Medical (GTSM:6518) Paint An Interesting Picture
Nov 30
Financial Position Analysis
Short Term Liabilities: 6518's short term assets (NT$638.3M) exceed its short term liabilities (NT$282.5M).
Long Term Liabilities: 6518's short term assets (NT$638.3M) exceed its long term liabilities (NT$188.2M).
Debt to Equity History and Analysis
Debt Level: 6518 has more cash than its total debt.
Reducing Debt: 6518's debt to equity ratio has reduced from 30.3% to 5.1% over the past 5 years.
Debt Coverage: 6518's debt is well covered by operating cash flow (323.5%).
Interest Coverage: 6518's interest payments on its debt are well covered by EBIT (84.7x coverage).